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    912 Main St Olney, IL 62450

    Sponsored
    For Lease
    Contact for pricing

    Prime retail space, 6,000 sq ft, ample parking.

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,000-square-foot freestanding retail building is located at 912 E Main St in Olney, Illinois, zip code 62450. The property offers a single-tenant occupancy opportunity within a 0.64-acre lot. The building boasts a spacious interior with abundant natural light, providing a flexible layout ideal for customization to suit various retail businesses. The prominent storefront ensures high visibility and attracts significant foot traffic. Customer convenience is maximized with 35 readily available parking spaces, ensuring easy access for both customers and employees. This property presents a unique chance to establish or expand a retail presence in a thriving commercial district. The entire 6,000 square feet is currently vacant, offering immediate occupancy for a new tenant. Its strategic location and ample parking make it an attractive option for businesses seeking a strong foothold in the Olney market. The property's design and features are geared towards enhancing the customer experience and maximizing the potential of any retail operation.

    Property Features for 912 Main St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,000 SF

    HighLights

    • 6,000 SF freestanding retail building on Main Street, Olney, IL.
    • Versatile, customizable floor plan with abundant natural light.
    • High‑visibility storefront with significant foot traffic.
    • 35 parking spaces for convenient customer and employee access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olney
    County
    Richland
    State
    Illinois
    Longitude
    -88.07613513948
    Latitude
    38.731368744842

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    Nearby Similar for Lease

    • Contact for pricing
      12,003 SF

      Retail Space in Olney, Illinois

      Retail spaces available in Ruler Foods and Glik’s anchored site.
      501-535 St NW, Olney, IL
      View Details
    • Contact for pricing
      1,436 SF

      Retail Space in Olney, Illinois

      Retail spaces available at Ruler Foods and Glik's anchored site.
      537 N St West, Olney, IL
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime retail space, 6,000 sq ft, ample parking.
    Where is this neighborhood center located?
    The property is located at 912 Main St Olney, IL.
    What are key features of this property?
    This property features: 6,000 SF freestanding retail building on Main Street, Olney, IL.; Versatile, customizable floor plan with abundant natural light.; High-visibility storefront with significant foot traffic.
    Request Owner's contact information
    912 Main St Olney, IL 62450
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    Olney, IL 62450
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    912 Main St Olney, IL 62450
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